Rick’s Featured Trade Ideas

WLL/LONG |Higher lows | Bullish “w” pattern | Cleared the 200-sma|
WLL| Plan your trade & trade your plan | May 26, 2016
Possible entry plan idea:  Buy box $11.74- $12.70
Possible stop plan idea:   Protective below $11.74
Swing trade playground:  $11.74- $17.80=51%
Playground risk reward: 11:1 + depending on | entry | exit | stop

SPY:  209.76 is an important level to beat
7:00 am:  T-Line™ —–> Chart is Bullish
Yesterday, the SPY closed at $209.28, up .68% for the day and up 2.49% from May 19th or the past five days led by technology, healthcare, financials and energy comes in fourth.  The Bulls managed to close over the May 11 high or $208.50.  As long as they can keep this run, the next hurdle for the Bulls will be a climb over $209.76.

The T-Line™ chart price has definitely crossed to the bullish side the past two days, and the T-Line™ has now crossed over.  As of today May 26, 2016, a pull back to $206.25 would be acceptable for the Bulls, but a max pull back to about $207.00 would be preferred.

Trading knowledge ignites successful trading.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
IWM:  T-Line™ chart |Price bullish | Bullish trend
SMH:  T-Line™ chart |Price bullish | Bullish trend
IYT:  T-Line™ chart |Price bullish | Trend down
VIX: T-Line™ chart | Price bearish | Trend turning down
USO:  T-Line™ chart | Price bullish | Bullish trend
UUP:  T-Line™ chart | Price bullish | Bullish trend
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Members Only
Keep your eye on the inverse ETF’s They trade well!
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.  A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

Energy Sector: XLE, SX90, ERX, USO  A close above the T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.